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Saturday, September 24, 2022

Chobani Withdraws IPO After Delays

Chobani Inc. said it is withdrawing its previously delayed initial public offering, after having pushed back the listing earlier this year.

The yogurt maker said in a regulatory filing Friday that it had determined not to pursue the IPO at this time, and that no securities had been sold in connection to it. A Chobani spokeswoman said the company decided to withdraw the offering given current market conditions, and that it will continue to focus on profitable growth and execution. 

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